without wanting to downplay the earnings profile.. output and earnings for this quarter will be dire..
imagine significant cashflow is going towards overburden/waste clearance.. bear in mind mgx now needing to move 33mt for just 3mt ore. Needless to say ore from this qtr will be minimal to say the least (as forwarned).
1H07 will be significantly better now it appears mgx on track to move the requisite amount of waste/ore.
When the quarterly hits the deck will simply be a matter of seeing thru it to 3mt production on track beginning next half.
06 will in 2 years time be clearly seeen for the transitional phase it is.
without wanting to downplay the earnings profile.. output and...
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